Interest and Finance Costs - 20F

9 Months Ended

12 Months Ended

Sep. 30, 2016

Dec. 31, 2015

12.	Interest and Finance Costs:

Interest and finance costs are analyzed as follows:

	Nine-month period ended September 30,
	2016		2015
Interest on long-term debt		5,008		241
Amortization of debt issuance costs		186		23
Other		11		16
Total		5,205		280

Interest and finance costs-related party are analyzed as follows:

	Nine-month period ended September 30,
	2016		2015
Convertible notes interest expense		924		119
Convertible notes amortization of debt discount (Note 3)		688		227
Gain on extinguishment of convertible notes		-		(200	)
Total		1,612		146

13.	Interest and Finance Costs:

Interest and finance costs are analyzed as follows:

	Year ended December 31
	2015		2014		2013
Interest on long-term debt		1,353		811		5,075
Interest on revolving credit facility		-		396		2,144
Amortization of debt issuance costs		72		-		1,090
Arrangement fees on undrawn facilities		-		246		-
Other		35		10		80
Total		1,460		1,463		8,389

Interest and finance costs-related party are analyzed as follows:

	Year ended December 31
	2015			2014		2013
Convertible notes interest expense		265			-		-
Convertible notes amortization of debt discount		334			-		-
Gain on extinguishment of convertible notes		(200	)		-		-
Total		399			-		-